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Method and interface for historical display of market information

a market information and historical display technology, applied in the field of electronic trading, can solve the problems of small orders not matching enough volume, and creating a feeling of resistance to moving away from the price level

Active Publication Date: 2011-10-18
TRADING TECH INT INC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

The present invention relates to a method, system, and interface for electronic trading with an exchange. The invention provides a trading screen that displays historical market information, which helps traders to better understand the market and make informed decisions. The trading screen combines real-time market information with historical data to create a more complete view of the market. The invention also allows traders to view and interact with the market at different price levels and provides a more complete understanding of the market's activity. The technical effects of the invention include improved trading efficiency, better risk management, and increased market depth.

Problems solved by technology

This may occur when the price level has a large volume of available quantity.
Thus, small orders may not match enough volume to trade through this price level, thereby creating a feeling of resistance to moving away from that price level.
While the trader may seemingly notice this resistance, known trading displays only provide the trader with views of the current market information.

Method used

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  • Method and interface for historical display of market information
  • Method and interface for historical display of market information
  • Method and interface for historical display of market information

Examples

Experimental program
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Embodiment Construction

[0014]Many different exchanges support electronic trading. Electronic trading allows a trader to interact with the exchanges from a remote location, such as by using a computer connected to the exchanges over one or more computer networks. Once connected to an exchange, the trader may receive market information about tradeable objects that are traded on the exchange. The trader may additionally trade the tradeable objects, such as by entering buy or sell orders.

[0015]A tradeable object can be any object, such as stocks, options, bonds, futures, currency, warrants, funds, or other financial objects. Other objects, for example, grains, energy and metals can also be traded. Of course, these list are not exhaustive, and any other object for which there exists a market can be traded. Tradeable objects can be “real,” such as products that are listed by an exchange for trading, or they can by “synthetic,” such as a combination of real products that is created by a trader. Of course, a trad...

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PUM

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Abstract

Trading software may receive information from an exchange. The trading software may track historical bid and ask information for a tradeable object. The trading software may display historical market depth information for the tradeable object on a trading screen.

Description

FIELD OF THE INVENTION[0001]The present invention relates generally to electronic trading. More specifically, it relates to a method for processing and displaying trading information.BACKGROUND OF THE INVENTION[0002]Many exchanges throughout the world now support electronic trading. Electronic trading has made it possible for an increasing number of people to actively participate in a market at any given time. The increase in the number of potential market participants has advantageously led to, among other things, a more competitive market and greater liquidity.[0003]A trader can connect to an exchange, for example, using a client device, and the exchange can serve as a host. Once connected, software running on the client allows the trader to log onto one or more exchanges and participate in one or more markets. Some clients run software that creates specialized interactive trading screens. In general, the trading screens enable traders to enter orders into the market, obtain marke...

Claims

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Application Information

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Patent Type & Authority Patents(United States)
IPC IPC(8): G06Q40/00
CPCG06Q20/10G06Q40/00G06Q40/06G06Q40/04G06Q40/025G06Q40/03H04W72/51H04W72/0453H04W88/02
Inventor MINTZ, SAGYANDREWS, RYANSINGER, SCOTTSCHLUETTER, JENS-UWE
Owner TRADING TECH INT INC